
Singapore lags Vietnam in PE-backed acquisitions in Southeast Asia
Singapore only captured 25.2% vs Vietnam's 55.5%.
According to Thomson Reuters, Buyside Financial Sponsor M&A activity in Singapore this year slowed down by 33.9% to US$183.9 million, the lowest first-half volume level since 2009 (US$29.2 million).
Here's more from Thomson Reuters:
However, during the second quarter of 2013, private equity-backed M&A in Singapore amounted to US$108.6 million, a 44.0% increase from the first quarter of this year and witnessed its second consecutive quarterly increase since fourth quarter of 2012.
Singapore captured 25.2% of the private equity-backed acquisitions in Southeast Asia but fell behind Vietnam which accounted for 55.5% with US$405.2 million worth of deals.
Real Estate Takes the Lead with 21.9% Market Share
Acquisitions involving Singapore companies targeted the Real Estate sector and captured 21.9% of overall M&A activity as deal value increased 46.9% to US$4.1 billion compared to the first half of 2012.
This year, at least 11 announced transactions in the sector were US$ 200 million-and-above in value compared to only three announced deals during the first half of 2012. This is the strongest start to a year for Real Estate M&A involving Singapore companies since 2011 when volume reached US$6.6 billion.
The Financials and Media & Entertainment sectors followed closely with 20.6% and 18.7% market share, respectively.